Almost all sports betfa and gaming companies make use of “Free Bets” as a promotional tool. Most often, newcomers to the site are offered the chance to bet free for a given amount. The free bet amount is usually in the range of $10 to $25. Sometimes though, you may come across a site offering free bets up to the tune of $100. Of course, there is a small catch, the money is offered in packages of around $25, to qualify for more, you need to place some bets with your own resources. The objective of offering free bets in this manner is to try and make a customer bet online more frequently.
You can avail the free bet in a single bet or a series of bets. The manner in which a free bet works is that you first have to place a bet using your own money. This means that you must first have an amount equal to the free bet amount in your account. If you win, you earn a profit equal to the value you wagered; however, even if you lose, it is not such as bad deal as you still have not lost anything from your pocket. Occasionally, betting sites also release free bets for their established clientele.
The value of a free bet and the sporting events it can be used for is usually decided by the betting company. To avail a free bet, you need to enter the promotional code that accompanies all free bet promotional material, once you get a message that you have placed the promotional code successfully, you will be required to place the qualifying bet
Over time, offering free bets have emerged as an important marketing exercise to attract new customers and keep the regulars happy. Information regarding free bets is available on the websites that offer them, their associate sites, and also on sites that post information on freebies available on the net. In fact, sites dedicated to offering information on the best free deals are a great source to compare free bets offered from time to time.
This said, if you want to benefit from a free bet, you must be quick, freebies get snapped up quickly and quite often these promotional campaigns are for a short period of time and they work on a first-come-first-serve basis. Information on free bets is also made available through e-zines and promotional newsletters that a betting company may send from time to time to its subscribers.
All said and done companies offering free bets basically offer bettors the lure of the lucre coupled with a no-loss guarantee. Often, it’s enough to entice first-timers and rank rookies to try their hand at betting online and if they taste success, they are hooked on to an activity that promises to provide many highs and a lot of entertainment so long as it is practiced in moderation.